Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Macro Afternoon

August 22, 2025 - 16:30 -- Admin

Asian share markets are generally doing better although local shares are falling back on probable profit taking as other risk markets sentiment remains neutral going into tonight’s Jackson Hole conference. The USD is pushing slightly higher against the majors with Euro breaking below the 1.16 handle while the Australian dollar remains very weak at its

PC roundtable pivots to Palestine

August 22, 2025 - 13:30 -- Admin

Platitude one. Treasurer Jim Chalmers has opened the door for an assault on superannuation concessions and other wealth taxes in exchange for lower income tax, by declaring intergenerational equity will drive reforms that could be taken to the next election or implemented beforehand. Wrapping up the three-day Economic Reform Roundtable on Thursday, Chalmers said while there was no clear

EV subsidies are middle class welfare

August 22, 2025 - 12:30 -- Admin

I am philosophically opposed to using scarce taxpayer funds to subsidise private car purchases. Battery electric vehicles (BEVs) are heavily subsidised in Australia. Every year, the federal government loses more than $500 million in tax income due to the Fringe Benefits Tax (FBT) exemption for BEVs, a figure that will rise as the number of

QLD is a gas bloody idiot

August 22, 2025 - 12:00 -- Admin

The Herald Sun has another frustrating gas debate today. Gas exports from the east coast could be brought under a new licence scheme to protect supplies for Aussie users, under a plan backed by industry groups and manufacturers. But the looming overhaul is dividing the states, with Queensland blaming the southern states for looming gas shortfalls.

Pages